Registration is now open to activate your 5x category bonus earning with your Chase Freedom® Card. For the third quarter of 2020, the bonus categories are Amazon.com and Whole Foods Market.
Note: Because Instacart fulfills orders for Amazon Now and Amazon Fresh grocery delivery, those may not qualify for the 5x bonus.
As usual, the 5x earning rate only applies to the first $1,500 in spending in those categories. If you max out your bonus category spending for the quarter, you’ll get 7,500 Chase Ultimate Rewards® points.
7,500 Chase Ultimate Rewards® points are worth $75 in cash. But you can get much more value by transferring to any of the following credit cards:
- Chase Sapphire Preferred – #1 travel card for beginners
- Chase Sapphire Reserve – great for frequent travelers
- Ink Business Preferred – highest Chase sign-up bonus for business customers
Once your points have been transferred to one of the above cards, you can amplify the value even further! If you transfer the points to Chase’s travel partners like United Airlines, Southwest or Hyatt, you can get way more value than the original $75.
7,500 points could be enough for a one-way flight worth hundreds of dollars to many great destinations!
For more information on Chase’s flexible points program, check out The Complete Guide to Chase Ultimate Rewards®.
Key Things to Remember
- You need to activate the 5x earning rate by September 14, 2019
- The promotion runs from July 1, 2020 to September 30, 2020
- The promotion is valid at Amazon.com and Whole Foods Market
How to Activate
Unfortunately Chase doesn’t automatically enroll you into the bonus category earning promotion each quarter. To activate, you can go to the Chase Activation website and enter your last name, zip code and the last four digits of your Chase Freedom® Card.
Alternatively you can log into your Chase Freedom® Card account and activate from there. You can also sign-up one time to have Chase send you a reminder email each quarter. That email contains a button for easy 1-click activation.
Bottom Line
With states slowly reopening from lockdown, I expect to continue to do most of my shopping online for the foreseeable future. That makes the third quarter category of Amazon.com so great. I order from Amazon.com quite a bit and while I don’t know that I’ll spend $1,500 there next quarter, it’s certainly possible.
If you’re not already a cardholder, now’s a great time to sign up. The Chase Freedom® Card is currently offering a sign-up bonus of $200 (or 20,000 points) after you spend $500 in the first three months of account opening.
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